Tim Wu / Financial Times:

Despite talk of an existential US-China AI race, the Chinese state and its major companies are spending more to dominate other domains, such as EVs and robotics  —  Over the past year, major US tech companies have spent more than $350bn on AI-related infrastructure, with projections of over $400bn for 2026.

Tim Wu / Financial Times:

Despite talk of an existential US-China AI race, the Chinese state and its major companies are spending more to dominate other domains, such as EVs and robotics  —  Over the past year, major US tech companies have spent more than $350bn on AI-related infrastructure, with projections of over $400bn for 2026.

Source: TechMeme
Source Link: http://www.techmeme.com/251213/p16#a251213p16